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CSPAN
Oct 6, 2012 10:00am EDT
revised version of what it looks like. that expires at the end of the year. in 2009, president obama took office and the stimulus act included new credits focused on low income families and families who have kids in college. those are extended in 2010 and expire at the end of the year. there is temporary cuts in social security payroll tax that was done in the stimulus. in addition to those expiring tax provisions, another thing we have the start of next year are the start of tax increases included in the health reform act of 2010. there is a very diverse our rate of tax positions that are under discussion. that is important for understanding the effects of american households. different households are affected differently. at low income of the distribution, the credits enacted in 2009 turned out to be very important. as does the temporary cut in payroll taxes. that continues to be important for folks in the middle range of income. the 2001-2003 tax cuts are important. if you go to the high end of the high -- income distribution, in addition to the 2001-2003 tax cuts on ordinary inco
CSPAN
Oct 6, 2012 2:00pm EDT
democratic narrative for years. we are going to help the working guy defeat the flat tax. i think obama said in his interview on reddit that he would pursue a constitutional amendment. he is saying, i will go door-to- door on this and i will make this our rallying cry across the country as a way to get support for my side. you could win people over by that. you could say, these guys are getting taking care of because they used to be -- this election is a little different, but it used to be, just the last two cycles, that was the bipartisan cry, right? that is what john mccain ran on to a large extent in 2008. i will get the powers that be in washington to reject special interest in washington. there is our real interest for one party to take this on and use it as a way of mobilizing. >> at the same time as the bipartisan ground has disappeared, it has become a much bigger issue among democrats. not only on the ground. senator feingold was a little bit -- you know, in many ways, that was a miracle. it was quite a political miracle. the democrats controlled congress until 2010. need to have a
CSPAN
Oct 7, 2012 2:00pm EDT
last four years of rock obama, but what they have had to deal with, in fairness, is 9/11, a couple of wars that require a lot of spending, the tax cuts of george bush -- i am not sure where you stood on those, but they did eat into the amount of money we had to spend -- and then the recession, which was some say close to a depression. did that time prevent us from being able to make deficits and debt a top priority? >> it should not have. it could have, but it should not have come out if people were thinking clearly, if they were well educated, if they even understood this whole damn thing, which they do not. if you say what percentage of the american people understand this, i would say it is a very low number. it to be everybody, and everybody should say this is my country. people should be very active about not letting anything damaged our country. the one thing we have not mentioned at all, there is no question at all in my mind, if we keep going this way, some nation is going to head over here to take us. if they did, they have picked the right time, right? i wish every american w
CSPAN
Oct 7, 2012 10:30am EDT
university of denver. 20 years ago, i became the luckiest man on earth because michelle obama agreed to marry me. i want to wish you happy anniversary and let you know that a year from now, we will not be celebrating it in front of 40 million people. four years ago, we went through the worst financial crisis since the great depression. millions of jobs were lost. the auto industry was on thethe financial system froze up. because of the resilience and the determination of the american people, we have begun to fight our way back. we have seen five million jobs in the private sector created. the auto industry has come back. housing has begun to rise. we have a lot of work to do. the question here is not where going. governor romney has a perspective that says if we cut taxes, skew toward the wealthy, and roll back regulations, we will be better off. i have a different view. we have to invest in education and training. sources of oil in america, change our tax code to help small businesses and companies investing in the united states, that we take some of the money that we are sav
Search Results 0 to 3 of about 4